News Release

SAN FRANCISCO, April 17, 2012 /PRNewswire via COMTEX/ --Yelp Inc. (NYSE: YELP), a community-led local search site, today announced that it will issue its financial results for first quarter ended March 31, 2012 after the market close on Wednesday, May 2, 2012. Yelp will host a conference call to discuss the results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day.

To access the call, please dial (866) 202-4367, or outside the U.S. (617) 213-8845, with Passcode 20131940, at least five minutes prior to the 1:30 p.m. PT start time. A live webcast of the call will also be available at http://www.yelp-ir.com under the Events & Presentations menu. An audio replay will be available between 3:30 p.m. PTMay 2, 2012 and 11:59 p.m. PTMay 9, 2012 by calling (888) 286-8010 or (617) 801-6888, with Passcode 20131940. The replay will also be available on the Company's website at http://www.yelp-ir.com.

About Yelp

Yelp connects people with great local businesses. Yelp was founded in San Francisco in July 2004. Since then, Yelp communities have taken root in major metros across the U.S., Canada, the United Kingdom, Ireland, France, Germany, Austria, The Netherlands, Spain, Italy, Switzerland, Belgium, Australia and Sweden. Yelp had a monthly average of 66 million unique visitors in the fourth quarter of 2011*. By the end of 2011, Yelpers had written approximately 25 million rich, local reviews, making Yelp the leading local guide for real word-of-mouth on everything from boutiques and mechanics to restaurants and dentists. On average, Yelp's mobile applications were used on 5.7 million unique mobile devices per month in the fourth quarter of 2011, helping users make spending decisions on-the-go. For more information, please visit http://www.yelp.com/ or send an email to press@yelp.com.